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    FOR LEASE
    Turn key restaurants

    84 Mazzeo Dr, Randolph, MA 02368

    4,479 SF 1.3 ac lot Built 2018
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US38-0008910
    Property summary
    AI-generated overview

    This exceptional 2,500 square foot retail end cap space at 84 Mazzeo Drive in Randolph, Massachusetts offers unparalleled visibility and accessibility. Located in Norfolk County, this Class B property boasts a prime location adjacent to a high-volume Popeye's restaurant, ensuring consistent foot traffic and brand recognition. The flexible floor plan allows for customization to meet diverse business needs. The property's strategic position provides easy access to Route 24, a major thoroughfare with over 20,000 vehicles passing daily. This high-traffic area is supported by a robust population base, with over 100,000 residents within a three-mile radius. The multiple tenancy setup creates a synergistic environment, fostering a thriving retail community. This end-cap space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing market. The property is categorized as Commercial, with a Retail property type and is currently available for lease. Don't miss this chance to establish your business in a dynamic and successful location.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2018
    Construction FRAME
    Total area 4,479 SF
    Lot 1.3 ac (56,628 SF)
    Zoning code GBHD
    APN RAND M:57 B:D L:00402
    UPID US38-0008910
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Popeyes Louisiana Kitchen Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $590k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.02M
    Blend (final) Blend
    $805k
    Owner & transaction history
    Randolph Dev LLC · 8 yrs held
    Randolph Dev LLC
    since 2017
    4 recorded transactions
    2017
    $1.2M
    2013
    2003
    $2.0M
    1987
    Zoning & alternative use
    GBHD · Randolph, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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